EU PSD – Council adopts anti-abuse clause

EU law

18 February 2014

European Parliament’s draft report to the revised Parent Subsidiary Directive

On 28 January 2014, the European Parliament provided its draft report and draft amendments to the European Commission’s proposal for revision of the Parent-Subsidiary Directive. 1. Background On 25 November 2013, the European Commission has proposed certain amendments to the EU Parent-Subsidiary Directive in order to significantly reduce tax fraud/evasion and aggressive tax planning/base erosion and profit